The Foundational 15 [LO2-1, LO2-2, LO2-3, LO2-4] [The following information applies to the questions displayed below Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March- Job Pand Job Q. The following additional information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March) Molding Fabrication Total 2,500 $14,50017, 700 $32,200 Estimated total machine-hours used 1,500 4,000 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per machine- 3.20 $ 4.00 hour Job Q $31,000 $17,000 $35,400 $14,700 Job P Direct materials Direct labor cost Actual machine-hours used: Molding Fabrication 3,500 2,400 5,900 2,600 2,700 5,300 Total Job Q $31,000 $17,000 $35,400 $14,700 Job P Direct materials Direct labor cost Actual machine-hours used: Molding 2,600 2,700 5,300 3,580 2,400 Fabrication Total 5,900 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1-8, assume that Sweeten Company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. For questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments Foundational 2-1 decim places) 1. What was the company's plantwide predetermined overhead rate? (Round your answer to 2 Predetermined overhead rate per MH